“**Base Purchase Price**”, for any Aircraft, is defined in Clause 5.1;

“**Bill of Sale**” means, for any Aircraft, a bill of sale in respect of such Aircraft duly executed by
the relevant Seller in respect of such Aircraft and substantially in the form of Schedule 6;

“**Business Day**” means a day (other than a Saturday or Sunday) on which banks are open for business
in London, Dublin and New York;

“**Cape Town Convention**” means the Convention on International Interests in Mobile Equipment and its
Protocol on Matters Specific to Aircraft Equipment, concluded in Cape Town on 16 November 2001;

“**Common Terms Agreement**” means, for any Aircraft, the Aircraft Lease Common Terms Agreement as
specified in relation to such Aircraft in Schedule 2;

“**Delivery**” means, for any Aircraft, the transfer of title to such Aircraft by the relevant Seller
to the relevant Purchaser hereunder as provided in Clause 7.1 (*Delivery*);

“**Delivery Date**” means, for any Aircraft, the date, being a Business Day, on which Delivery in
respect of such Aircraft occurs;

“**Delivery Location**”, for any Aircraft, is defined in Clause 7.3;

**“Deposit”** means, for any Aircraft, the deposit amount specified opposite such Aircraft in Schedule
1;

“**Effective Time**” means, for any Aircraft, the time when each of the parties thereto has executed
and delivered the applicable Effective Time Notice;

“**Effective Time Notice**” has, for any Aircraft, the meaning provided in the applicable Lease
Novation;

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